6 months extra in clinky or hand over £10 million. Tricky one.
Disgraced Entatech founder Jason Tsai tossed in the clink for contempt of court
“Dishonest and manipulative” channel veteran Jason Tsai has been sentenced to nine months in the slammer for contempt of court. The founder and one-time boss of Enta Technologies UK Ltd (which changed its name to Changtel Solutions in 2015 and is being liquidated) lied repeatedly to the High Court, claiming his memory was in …
COMMENTS
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Thursday 27th July 2017 18:34 GMT Mr Temporary Handle
"Getting on the wrong side of the judge isn't a good idea"
Indeed. British judges do tend to take a very dim view of 'Contempt'.
Many years ago I witnessed a junior Barrister - now a rather senior QC - get a whole weekend in the cells over a "small matter of contempt of court" as presiding judge described it at the time.
It nearly cost him his position in chambers as well.
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Thursday 27th July 2017 16:43 GMT John Smith 19
Playing the old "deadly" Ernest Saunders defense.
The only known Alzheimer* case to ever recover.
Note the very smooth way he shifted straight into "criminal thinking" mode
How can I get out of the country?
How can I move my assets and who to?
I'd bet a closer look at his business shows a long history of some very creative accounting.
These guys do have one weakness (they've got plenty of flaws as human beings already). They absolutely believe there is no situation they cannot talk their way out of because people will believe them (It's quite simple. They think all humans are gullible, trusting and stupid. If anything that's their real "cognitive dysfunction").
Logically the smart move was to stay in Taiwan and live with what he got away with but I'd bet he came back because he's absolutely convinced he can talk the liquidators into letting him keep most of his assets.
It's really quite satisfying to put one of these Aholes in jail, even if it's for a (relatively) short time.
*Strictly speaking presenting with symptoms of an Alzheimer like nature which turned out to be caused by something else (the worry about going to jail for a long time for being part of a large scale share price fixing club, which he was, perhaps?)